Finance
Mortgage Calculator
Estimate a mortgage payment from price, down payment, rate and term.
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How this calculation works
Estimate a mortgage payment from price, down payment, rate and term. Enter the home price, down payment, annual rate and term; the financed balance is calculated before the monthly payment.
Formula used
M = P × r(1+r)ⁿ ÷ ((1+r)ⁿ − 1)
Good to know
Results are estimates for informational purposes.
Example calculation
€300,000 − €60,000 = €240,000 financed over 25 years at 4.25%
How to use this calculator
- Enter the home price, down payment, annual rate and term; the financed balance is calculated before the monthly payment.
- Check units and time periods before comparing two results.
- Change one input at a time to understand its effect.
Good to know
Illustrative estimate; fees, taxes and provider rules are excluded unless stated.
MethodologyFrequently asked questions
What does the Mortgage Calculator calculate?
Estimate a mortgage payment from price, down payment, rate and term. The result is calculated from the values you enter and the formula shown on this page.
Which assumptions does the Mortgage Calculator use?
It applies M = P × r(1+r)ⁿ ÷ ((1+r)ⁿ − 1). Values, fees, rules or timing not represented by an input are not added automatically.